Description
BSE lists ₹675 crore commercial paper issue by Reliance Retail Ventures Limited with 3-month maturity.
Summary
BSE has listed commercial paper worth ₹675 crore issued by Reliance Retail Ventures Limited on private placement basis. The securities will trade in the BSE Debt segment with face value of ₹5 lakh each and 3-month maturity period.
Key Points
- Issue size: 13,500 units of ₹5,00,000 each (total ₹675 crore)
- Issue price: ₹4,92,812.50 per unit (discount to face value)
- Credit rating: CARE A1+ and CRISIL A1+ (highest short-term rating)
- Trading in dematerialized form only under ISIN INE929O14DW4
- Standard trading denomination of ₹5 lakh and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of ₹5 lakh and multiples thereof
- ICICI Bank Limited appointed as Issuing and Paying Agent
Important Dates
- Allotment date: August 20, 2025
- Listing date: August 21, 2025
- Redemption date: November 19, 2025
- Maturity period: 3 months (91 days)
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The high credit ratings (A1+) indicate low credit risk. The short-term nature and private placement basis limit broader market implications. Trading will be restricted to institutional investors given the high denomination requirement.
Impact Justification
Routine commercial paper listing with no market-wide impact